Water Intelligence Balance Sheet Health
Financial Health criteria checks 5/6
Water Intelligence has a total shareholder equity of $58.2M and total debt of $21.4M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are $97.4M and $39.2M respectively. Water Intelligence's EBIT is $7.4M making its interest coverage ratio 6.5. It has cash and short-term investments of $18.7M.
Key information
36.7%
Debt to equity ratio
US$21.36m
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$18.73m |
| Equity | US$58.20m |
| Total liabilities | US$39.24m |
| Total assets | US$97.45m |
Recent financial health updates
Recent updates
Return Trends At Water Intelligence (LON:WATR) Aren't Appealing
May 03
Is Water Intelligence (LON:WATR) Using Too Much Debt?
Sep 28Water Intelligence plc's (LON:WATR) Intrinsic Value Is Potentially 35% Above Its Share Price
Mar 22What Does Water Intelligence plc's (LON:WATR) Share Price Indicate?
Jan 12An Intrinsic Calculation For Water Intelligence plc (LON:WATR) Suggests It's 22% Undervalued
Oct 25Water Intelligence (LON:WATR) May Have Issues Allocating Its Capital
Aug 16Does Water Intelligence (LON:WATR) Deserve A Spot On Your Watchlist?
Aug 03Are Investors Undervaluing Water Intelligence plc (LON:WATR) By 22%?
May 10Here's Why I Think Water Intelligence (LON:WATR) Is An Interesting Stock
Mar 08Here's Why We Think Water Intelligence (LON:WATR) Is Well Worth Watching
Jun 10Water Intelligence's (LON:WATR) Wonderful 953% Share Price Increase Shows How Capitalism Can Build Wealth
Mar 11If You Like EPS Growth Then Check Out Water Intelligence (LON:WATR) Before It's Too Late
Feb 15What Percentage Of Water Intelligence plc (LON:WATR) Shares Do Insiders Own?
Jan 28
Is There More To The Story Than Water Intelligence's (LON:WATR) Earnings Growth?
Dec 22Are Strong Financial Prospects The Force That Is Driving The Momentum In Water Intelligence plc's LON:WATR) Stock?
Dec 08Shareholders Are Raving About How The Water Intelligence (LON:WATR) Share Price Increased 560%
Nov 25Financial Position Analysis
Short Term Liabilities: WATR's short term assets ($32.1M) exceed its short term liabilities ($16.7M).
Long Term Liabilities: WATR's short term assets ($32.1M) exceed its long term liabilities ($22.5M).
Debt to Equity History and Analysis
Debt Level: WATR's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: WATR's debt to equity ratio has increased from 21% to 36.7% over the past 5 years.
Debt Coverage: WATR's debt is well covered by operating cash flow (52.7%).
Interest Coverage: WATR's interest payments on its debt are well covered by EBIT (6.5x coverage).